• Gold campaign progress: Anand Rathi Wealth achieved its initial milestone of collecting receipts for 100 crore in gold sales, including 7–8 kg gathered at office counters, toward a target of 2,000–2,500 crore.
• Nifty return outlook: Noting that Nifty has never recorded two consecutive negative financial years since 2001, there is an estimated 90% plus probability of a 10–12% return this financial year from the 22,313 level.
• Foreign institutional flows: FII ownership of free float in the NSE Smallcap 250 remained resilient at 22.13% compared to 22% in 2019, whereas FII ownership in Nifty declined from 42% to 36%.
• Equity asset allocation: Investors are recommended an equity allocation of 50% in Largecap, 25% in Midcap, and 25% in Smallcap, which can be effectively achieved through Flexicap and Multicap fund combinations.